AP NEWS

Ascent Capital: 2Q Earnings Snapshot

August 2, 2018

GREENWOOD VILLAGE, Colo. (AP) _ Ascent Capital Group Inc. (ASCMA) on Thursday reported a loss of $244.4 million in its second quarter.

The Greenwood Village, Colorado-based company said it had a loss of $19.82 per share. Losses, adjusted for asset impairment costs, came to $2.43 per share.

The home security holding company posted revenue of $135 million in the period.

In the final minutes of trading on Thursday, the company’s shares hit $2.99. A year ago, they were trading at $16.88.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASCMA at https://www.zacks.com/ap/ASCMA

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